Industry News

The days of record-low mortgage rates aren't over

Experts: The days of record-low mortgage rates aren't over

Tom Oslund
Home buyers rush back out even as sellers stay on sidelines

Homebuyers rush back out even as sellers stay on sidelines

Tom Oslund

At a two-hour open house Saturday in Atlanta, about seven mostly masked families toured a 6-bedroom, 6-bathroom newly built home priced at just over $3 million. Noah Graubart and his wife were looking for something close to their children's new elementary school. 

"It seems like the number of houses on the market had kind of paused," said Graubart, who toured the home with his wife and...

Are you a homeowner seeking forbearance on your mortgage? Watch out for these red flags

Are you a homeowner seeking forbearance on your mortgage? Watch out for these red flags

Tom Oslund

Homeowners are asking for breaks on their mortgage payments in droves, as millions of Americans face the prospect of unemployment or reduced income because of the coronanvirus pandemic. But requesting forbearance on your mortgage isn’t foolproof.

The CARES Act stimulus package requires servicers to provide forbearance — a temporary postponement of payments — to any homeowner with a...

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